Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are TNA, GBTC, PZZA, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

Wednesday, June 16, 2010

Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 17, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Blue Dolphin Energy Co. (BDCO) - Shares of Blue Dolphin Energy Co. were on fire for the second straight trading day after the company released positive news on Tuesday. At this point, I'd only be a buyer of Blue Dolphin Energy if the stock broke $0.61.

Neurocrine Biosciences Inc. (NBIX) - Shares of Neurocrine Biosciences Inc. exploded higher on news of a drug partnership. The is held $5.00 and then rallied back mid day to around $5.35. If NBIX breaks $5.60, it could move toward $6+ easily in my opinion.

Jones Soda Co. (JSDA) - I'm still watching shares of Jones Soda Co. closely. The stock ripped through the $1.72 high of the day on Wednesday and is looking strong. Keep a stop at $1.64.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to rocket higher off last weeks lows and is now trading between major resistance at $24-$25. I would probably be a seller in here and wait for another correction.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trade strongly above the 10 day moving average and appear like they will close above this level for the 4th straight day. Resistance levels to watch going forward are $16, $16.19, $16.45. A close back above $16.45 would be VERY bullish.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $37 on Monday and is now in break out mode. AIG has managed to hold $37 for the past two days so this is a great area to place your stop loss order. Resistance on the upside is located at $40.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are pulling back after failing to break above $0.55 on Monday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will has resistance located at $0.55, and $0.70.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are now trading back near $75 once again. Pullbacks below $70 are a strong buy for a bounce. This is one of the best stocks to buy on any major pullback.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rallying back above the $60 level. I like Research in Motion below $60 for a the long term but feel they need to come out with a 4G phone soon. Support is located between $54-$56

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are back above $8.50 and continue to be a sell up here. I'd be a buyer below $7.50.

The Dow Jones Industrial Average closed at 10409on 6/16/10, as the stock market went into positive territory early but then went flat going into the close. However, all three major stock market averages continue to close above their 200 day moving averages. Until this trend changes, the risk is to the upside right now. If we close back below the 200 day, expect to see the seller come back into the stock market.

Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 17, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Blue Dolphin Energy Co. (BDCO) - Shares of Blue Dolphin Energy Co. were on fire for the second straight trading day after the company released positive news on Tuesday. At this point, I'd only be a buyer of Blue Dolphin Energy if the stock broke $0.61.

Neurocrine Biosciences Inc. (NBIX) - Shares of Neurocrine Biosciences Inc. exploded higher on news of a drug partnership. The is held $5.00 and then rallied back mid day to around $5.35. If NBIX breaks $5.60, it could move toward $6+ easily in my opinion.

Jones Soda Co. (JSDA) - I'm still watching shares of Jones Soda Co. closely. The stock ripped through the $1.72 high of the day on Wednesday and is looking strong. Keep a stop at $1.64.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to rocket higher off last weeks lows and is now trading between major resistance at $24-$25. I would probably be a seller in here and wait for another correction.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trade strongly above the 10 day moving average and appear like they will close above this level for the 4th straight day. Resistance levels to watch going forward are $16, $16.19, $16.45. A close back above $16.45 would be VERY bullish.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $37 on Monday and is now in break out mode. AIG has managed to hold $37 for the past two days so this is a great area to place your stop loss order. Resistance on the upside is located at $40.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are pulling back after failing to break above $0.55 on Monday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will has resistance located at $0.55, and $0.70.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are now trading back near $75 once again. Pullbacks below $70 are a strong buy for a bounce. This is one of the best stocks to buy on any major pullback.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rallying back above the $60 level. I like Research in Motion below $60 for a the long term but feel they need to come out with a 4G phone soon. Support is located between $54-$56

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are back above $8.50 and continue to be a sell up here. I'd be a buyer below $7.50.

The following is a list of the Most Popular OTC, OTCBB, Pink Sheets Stocks going into June 17, 2010. Topping the list today is STRATTON HOLDINGS INC. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.

This list is my favorite way to track potential breakout OTC stocks and is not produced anywhere else! It takes into account percentage gainers or losers, volume, and how active the stock has been lately. The higher the rank, the closer I am watching. Check out my Previous Reports

June 16, 2010 - Below is a list of the Top 20 biggest losing stocks today that have decent volume. These stocks are usually going down on bad news. I usually throw these on my watch list and monitor them for a bounce or a potential short trade.

Today, June 16, 2010, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out some of today's biggest gainers and the Top Stocks for 2010. You can find my Past, Current, and Future Stock Gainers Report Right Here

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd (EXM), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world trade has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 16, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Zanett Inc. (ZANE) - Shares of Zanett Inc. spiked on Tuesday after the company issued a PR early in the morning. Zanett will have resistance at $2.75 as well as $3, and then the stock will break out once again.

Molecular Insight Pharmaceuticals, Inc. (MIPI) - Shares of Molecular Insight Pharmaceuticals, Inc. (MIPI) exploded higher on Tuesday on no news that I can find. Resistance on the upside is located at $2.46.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. spiked Monday afternoon and had some follow through on Tuesday morning. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to rocket higher off last weeks lows and is now approaching major resistance between $24-$25. I would be a seller up there if you are still holding from the low $20's.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trade strongly above the 10 day moving average and appear like they will close above this level for the 3rd straight day. Resistance levels to watch going forward are $16, $16.19, $16.45. A close back above $16.45 would be VERY bullish.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $37 on Monday and is now in break out mode. The low on Tuesday was $37.01 so if you are buying here, place a stop loss order around $36.75. Resistance is located at $40, pullbacks below $35 are a buy.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are pulling back after failing to break above $0.55 on Monday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will has resistance located at $0.55, and $0.70.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are now trading back near $75 once again. Pullbacks below $70 are a strong buy for a bounce. This is one of the best stocks to buy on any major pullback.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rallying back to the $60 level. I like Research in Motion below $60 for a the long term but feel they need to come out with a 4G phone soon. Support is located between $54-$56

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are back above $8.50 and continue to be a sell up here. I'd be a buyer below $7.50.

BP plc (BP) stock is lower by $1.00 in pre market this morning after President Obama's strong comments last night and the fact that the cost of BP's dept is moving higher. BP stock has support located at $29.85 as well as $29. If we see BP break below $29, I think we can easily see a move toward $25 or lower. I'd only be a buyer of this stock when I see it break $34.46 and close above $35 for right now.

Tuesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for June 16, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Zanett Inc. (ZANE) - Shares of Zanett Inc. spiked on Tuesday after the company issued a PR early in the morning. Zanett will have resistance at $2.75 as well as $3, and then the stock will break out once again.

Molecular Insight Pharmaceuticals, Inc. (MIPI) - Shares of Molecular Insight Pharmaceuticals, Inc. (MIPI) exploded higher on Tuesday on no news that I can find. Resistance on the upside is located at $2.46.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. spiked Monday afternoon and had some follow through on Tuesday morning. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade.

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to rocket higher off last weeks lows and is now approaching major resistance between $24-$25. I would be a seller up there if you are still holding from the low $20's.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. continue to trade strongly above the 10 day moving average and appear like they will close above this level for the 3rd straight day. Resistance levels to watch going forward are $16, $16.19, $16.45. A close back above $16.45 would be VERY bullish.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $37 on Monday and is now in break out mode. The low on Tuesday was $37.01 so if you are buying here, place a stop loss order around $36.75. Resistance is located at $40, pullbacks below $35 are a buy.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are pulling back after failing to break above $0.55 on Monday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will has resistance located at $0.55, and $0.70.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are now trading back near $75 once again. Pullbacks below $70 are a strong buy for a bounce. This is one of the best stocks to buy on any major pullback.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rallying back to the $60 level. I like Research in Motion below $60 for a the long term but feel they need to come out with a 4G phone soon. Support is located between $54-$56

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio continue to trade around $1.00 on very low volume. Resistance is located at $1.13, and then $1.25. Pullbacks below $0.90 are a strong buy.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are back above $8.50 and continue to be a sell up here. I'd be a buyer below $7.50.

Citigroup Inc (NYSE:C) is rallying back to the 200 day moving average located at $4.02. If Citigroup Inc closes above this level, I expect a rally back to the 50 day moving average. Citigroup remains a strong buy on pullbacks below $3.80.